Words / A / Business

absorb

verb/əbˈzɔːb/

B1CEFR level
10/100Rarity: common
TechnicalRegister

To recover overhead by including it in the cost of units produced.

Fixed overhead was absorbed into product cost using a predetermined rate per labour hour.

Similar: recover

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting